$689,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $689k home. Change the numbers to see different options. This calc can be used for car loans, debt, real estate, home purchase, etc.
Can I afford a 689,000 dollar house? It depends. In addition to the mortgage payment, a home also has insurance, maintenance, and taxes. Taxes can vary drastically by area. A very rough estimate is to not spend more than 30% of your income on housing.
How do I get a mortgage? A simple first step is to talk to a local banker and fill out a mortgage application. Then consider other offers, either local or online.
How much of a down payment should I make? Here's a little chart that shows monthly payments based on down payment for a $689,000 house.
2% interest
0% down$2,546.68/mo
5% down$2,419.34/mo
10% down$2,292.01/mo
15% down$2,164.68/mo
20% down$2,037.34/mo
25% down$1,910.01/mo
30% down$1,782.67/mo
35% down$1,655.34/mo
40% down$1,528.01/mo
45% down$1,400.67/mo
50% down$1,273.34/mo
4% interest
0% down$3,289.39/mo
5% down$3,124.92/mo
10% down$2,960.45/mo
15% down$2,795.98/mo
20% down$2,631.51/mo
25% down$2,467.04/mo
30% down$2,302.57/mo
35% down$2,138.10/mo
40% down$1,973.63/mo
45% down$1,809.17/mo
50% down$1,644.70/mo
6% interest
0% down$4,130.90/mo
5% down$3,924.36/mo
10% down$3,717.81/mo
15% down$3,511.27/mo
20% down$3,304.72/mo
25% down$3,098.18/mo
30% down$2,891.63/mo
35% down$2,685.09/mo
40% down$2,478.54/mo
45% down$2,272.00/mo
50% down$2,065.45/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 689,000 house with a 20% down payment?
($551,200 loan. 30 year mortgage)
0.25%$1,589.40
0.50%$1,649.13
0.75%$1,710.29
1.00%$1,772.88
1.25%$1,836.88
1.50%$1,902.30
1.75%$1,969.13
2.00%$2,037.34
2.25%$2,106.94
2.50%$2,177.91
2.75%$2,250.23
3.00%$2,323.88
3.25%$2,398.86
3.50%$2,475.13
3.75%$2,552.69
4.00%$2,631.51
4.25%$2,711.57
4.50%$2,792.85
4.75%$2,875.32
5.00%$2,958.96
5.25%$3,043.75
5.50%$3,129.65
5.75%$3,216.65
6.00%$3,304.72
6.25%$3,393.83
6.50%$3,483.96
6.75%$3,575.07
7.00%$3,667.15
7.25%$3,760.16
7.50%$3,854.07
7.75%$3,948.86
8.00%$4,044.51
8.25%$4,140.98
8.50%$4,238.25
8.75%$4,336.29
9.00%$4,435.08
9.25%$4,534.59
9.50%$4,634.79
9.75%$4,735.66
10.00%$4,837.17
10.25%$4,939.31
10.50%$5,042.04
10.75%$5,145.35
11.00%$5,249.21
11.25%$5,353.59
11.50%$5,458.49
11.75%$5,563.87
12.00%$5,669.71